Theta Global Advisors – a leading accounting consulting firm and a specialist in deals, IPO support and complex technical accounting – has joined the GGI’s trusted alliance as an independent member firm, further fortifying the firm’s cross-border deal, transactions and advisory ability. The announcement serves as the latest in a series of milestone steps in Theta’s exponential growth trajectory, following a record number of industry leading hires and incredible growth in their deal support business since the pandemic alone.
With 2021 having proved to be a record year for IPOs, M&As and other deal structures in the wake of Brexit and post-pandemic recovery, Theta’s integration into the GGI community of firms provides the current top-heavy professional services arena with a viable, independent alternative to the big firm options. In what is a perfect storm of returning optimism, rescinding restrictions and recognition of high-growth accounting disruptors such as Theta, today’s announcement heralds a permanent shift in the traditions of excellence in accounting consulting firms being solely the preserve of the profession’s monoliths.
With Theta’s specialisms residing across: M&A and IPO deal support, IFRS and UK GAAP and general complex accounting and financial reporting matters (including financial instruments, structuring, credit, hedging, revenue recognition, leases, and business combinations).
GGI’s alliance provides the firm with the industry recognition of its growth and credibility in work thus far, enhancing its ability to build on global and cross border expertise as part of its next phase of growth. Theta’s role in the GGI’s ranks leads the charge for smaller and mid-size firms to receive acknowledgment in improving standards and the democratisation of financial reporting.
Chris Biggs, Managing Partner of Theta commented, “Theta’s role as an independent member firm in GGI Global Alliance is incredible recognition of how far Theta has come in such a short time which is credit to our team’s expertise and professionalism and focus on providing our clients with first class support and a real alternative to the ‘big firm only’ services.
“This is a landmark moment for Theta but importantly a launch pad to accelerate the growth of our global services to our new and existing global clients – a hugely exciting time”.
Marco Izzo, Chief Operating Officer at GGI said, “We are extremely excited and proud to welcome Theta Global Advisors as a new independent member of GGI.
“Theta brings into our global alliance a deep set of expertise, offering very highly specialised support services to clients that are involved in M&A deals and IPOs and differentiating themselves from traditional accounting firms. GGI members worldwide will be able to rely on Theta’s outstanding support. My personal congratulations to Chris Biggs and the whole team at Theta.”